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Showing 181 - 190 of 262 results for "Class action"

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... million fraudulent accounts without customers' consent over 15 years. Wells Fargo announced in March it had settled the class action for US$142 million for customers affected. Angrisano added the number of FSU members who are suffering from severe medical ...

CSC contributes to global ESG think tank

DARREN SNYDER  |  FRIDAY, 23 DEC 2016
... portfolio," the statement said. The group said given the scope and global nature of recent high-profile litigations and class action lawsuits associated with investments, "we see a networking opportunity for our legal professionals in order to leverage ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
A proposed class action against IOOF has been rejected by the Victorian Supreme Court. Law firm Maurice Blackburn has agreed to orders prohibiting it from proceeding with the proposed law suit, commenced in December 2015 on behalf of tens of thousands ...

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...

Instos begin litigation against Volkswagen

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
A firm with Australian origins is leading the funding for institutional investor litigation against Volkswagen AG, with the first of two suits filed in Germany this week. Bentham Europe, a subsidiary of Australian-founded Bentham Ventures, said global ...

IMF Bentham announces $30m bond issue

KERRIE SYDEE  |  WEDNESDAY, 23 MAR 2016
IMF Bentham has announced the launch of a bond issue of $30 million to be made available to wholesale investors such as institutional, private and SMSF investors. Arranged by FIIG Securities, the four year and three month fixed rate senior secure issue ...

Senate to investigate life industry

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... ASIC does or can play in reforming the industry. In light of the revelations, Watson Law Group is investigating a Class Action on behalf of CommInsure customers who may have had their life insurance claims unfairly rejected. The law group said it has ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Court approves Great Southern settlement

AAP  |  FRIDAY, 12 DEC 2014
A $23.5 million settlement of a class action related to loans to investors hit by the billion dollar collapse of agribusiness Great Southern has won court approval. The agricultural projects manager, which raised $1.8 billion and managed 45 investment ...

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
The Federal Court has made orders approving the settlement of the class action against the failed Premium Income Fund (PIF). IMF Bentham confirmed the court's approval of the settlement, but did not say how much PIF unit holders will be receiving as ...